THE TRICK: GET PAID IN STOCK OR STOCK OPTIONS So being wealthy means being able to buy what you want? OK, so what if you could accumulate wealth and never pay a tax on that wealth? The Trick is easy .. as long as you never turn your wealth into cash, Uncle Sam collects no […][...]
Archive for the ‘Economics’ Category
November 25th, 2019 - 1:00 am § in Donald Trump, Economics
TRUMPONOMICS 101: HOW TO REDUCE YOUR TAXES TO ZERO
Corey Booker for Charter Schools
Cory Booker: Stop Being Dogmatic About Public Charter Schools We can’t dismiss good ideas because they don’t fit into neat ideological boxes or don’t personally affect some of the louder, more privileged voices in the party. By Cory A. Booker, in New York Times, Nov. 18, 2019 About 15 years[...]
October 16th, 2019 - 1:23 am § in Economics, The Ave Scene
MEDINA GOING BROKE WHILE SEATTLE CANNOT PAY FOR THE HOMELESS
Last Saturday I attended a talk about the costs of dealing with Seattle’s homeless. I learned that the rest of King County pays almost nothing to deal with this while bragging that they, the folks in those communities, have no homeless problem. Then I read about the problems facing Medina.[...]
Africa Sides With China as Trump Capitulates
(Quoted with some edits from The China Daily News) An Africanews’ June 6 article “Why Africa will choose Beijing in ongoing US-China trade war” shows how successful China has been in building trade alliances that Trump the bluffery from Trump. Trump’s capitulation to Huawei is a majo[...]
BREAKING NEWS: Trump and Xi to Announce a Truce
Despite Trump’s bizarre lashing out with tariff threats at the EU, India, Vietnam, and even Japan, the rumor is that Xi and Trump will announce a truce when they meet around noon Saturday in Osaka. This announcement was predicted here n TA. China has been building economic defenses against[...]
Will Trump’s Trade Wars Kill Apple?
1 Illustration: Sarah Grillo/Axios (Axios, June 18, 2019, abstracted) A growing chorus of skeptics betting that Apple is headed the way of Blackberry and Nokia. In the midst of the Trump Trade Wars, Apple’s stock price has relied on more than $100 billion in stock repurchases last yea[...]
May 31st, 2019 - 11:35 am § in Economics
The US is no longer the world’s most competitive economy
(Fox News) The United States no longer has the most competitive in the world, according to annual rankings compiled by the Switzerland-based business school IMD. For the first time in nine years, Singapore replaced the U.S. as the world’s most competitive economy. The U.S. dropped down to third o[...]
May 29th, 2019 - 10:19 am § in Donald Trump, Economics
TRADE WAR: U.S. manufacturing growth hit a 10-year low in May
(CNBC 5/29/19) The U.S. manufacturing PMI (purchasing managers index) was 50.6 in May, the lowest level since September 2009, according to results from financial data firm IHS Markit released Thursday. “Growth of business activity slowed sharply in May as trade war worries and increased uncertai[...]
From each according to their ability, to each according to their needs.
Pity Mark Zuckerberg. He tries so hard to be a good guy, to show that capitalism works. But then there is Vladimir Putin! We do not know what Vladimir earns but he sure doesn’t worry about being seen as a good guy. Meanwhile, poor Mark only received $22.6 million in total pay and most of [[...]